68 Melbourne Avenue, Birmingham, B19 2HZ
BO

68 Melbourne Avenue, Birmingham, B19 2HZ

By Bond Wolfe

£ 60,000

Reviews

2 out of 5 stars

Bond Wolfe says ..

For Sale By Public Auction 06 February 2025 A vacant freehold end terraced property

Property Oracle says ..

This two-bedroom end-of-terrace property located on Melbourne Avenue in Newtown, Birmingham, is being offered for sale via public auction. The property is situated in an area offering proximity to several well-regarded schools and convenient access to Birmingham city centre via multiple train stations. However, the property’s current condition presents a mixed picture. From the photographs, the interior requires modernisation, with the kitchen and bathroom seemingly needing complete overhauls. The property does, however, benefit from a small, enclosed rear garden and what appears to be off-street parking. The list price of £60,000 positions this property as a potential investment for those willing to undertake refurbishment. The price point may be justifiable due to the auction format and the need for substantial renovations. Buyers should conduct a thorough survey before committing to a purchase. Overall, the property presents a mixed bag - a potentially good investment requiring significant investment in terms of time and resources.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
3
Bedrooms
2
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
245,074.00 £
Decreased by 15.93 %
from 291,529.00 £
Average area rental value
1,254.00 £/mo
Decreased by 5.43 %
from 1,326.00 £/mo
Est rental Yield
6.14 %
Increased by 12.45 %
from 5.46 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Bond Wolfe created the listing.

Nearby Schools

NameTypeOfstedDistance
Nishkam High SchoolFree SchoolsOutstanding0.30 KM
Anglesey Primary SchoolCommunity SchoolGood0.40 KM
Mayfield SchoolAcademy Special Sponsor Led0.62 KM
Lozells Junior And Infant School And NurseryCommunity SchoolGood0.62 KM
Holte SchoolCommunity SchoolRequires improvement0.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Autumn Grove £ 000.00 KM
Autumn Gove £ 339,95000.00 KM
Carpenter's Road £ 189,00000.00 KM
Wheeler Street £ 000.00 KM
Farm Street £ 220,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Jewellery Quarter1097JEQ1.20 KM
Birmingham Snow Hill1006BSW1.89 KM
Perry Barr1128PRY2.10 KM
Birmingham New Street1127BHM2.41 KM
Birmingham Moor Street4515BMO2.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melbourne Avenue, Birmingham £ 225,000BUY6 / 100.09 KM
Ventnor Avenue, Lozells, Birmingham £ 210,000BUY5 / 100.13 KM
7 Autumn Grove, Hockley, Birmingham, West Midlands, B19 £ 90,000BUY5 / 100.22 KM
Autumn Grove, Hockley, Birmingham £ 330,000BUY7 / 100.23 KM
Carpenters Road, Birmingham, West Midlands, B19 £ 155,000BUY6 / 100.25 KM

Nearby Properties

AddressPriceDistance
24 Roslin Grove £ 71,5000.07 KM
18 Roslin Grove £ 27,0000.07 KM
83 Melbourne Avenue £ 150,0000.08 KM
87 Melbourne Avenue £ 143,0000.08 KM
121 Melbourne Avenue £ 98,0000.08 KM